Shares Of This Small Cap IT Stock Locked In Upper Circuit, Soar 2765% In 3-Yrs

Shares of small cap IT stock, Dynacons Systems & Solutions Ltd hit upper circuit on June 6, 2023. The stock has been witnessing spurt in volume and back to back upper circuit for the last few days. The company declared its quarterly net profit at Rs 12.17 crore in March 2023, up 88% as compared to Rs 6.45 crore announced in March 2022. Check details below:

Dynacons Systems & Solutions Shares Hit Upper Circuit: Last trading price of Dynacons Systems & Solutions on BSE is Rs 494.00 per share with marginal intraday fall of 0.04% on BSE. It traded upper circuit today when the stock price climbed to Rs 521.35 apiece. The stock traded upper circuit on May 30, May 31, June 2, and June 5. On June 2, Dynacons Systems & Solutions stock hit lower circuit. Its 52-week high price is Rs 555.00 apiece and 52-week low price is Rs 252.45 per share, respectively. It has a market capitalisation of Rs 630.02 crore.

Dynacons Systems & Solutions Return: The stock witnessed a rally of 29% in last 2-weeks, rallied 62% in last 1-year, 326% in last 2-years, and a delivered massive return of 2765% in last 3-years. Dynacons Systems & Solutions shares offered 1384% return in last 5-years.

Dynacons Systems & Solutions Q4: The company announced its net sales at Rs 226.33 crore, up 8.18% as compared to Rs 209.22 crore declared in March 2022. Itss EBITDA declared at Rs. 19.23 crore in March 2023, up 56.72% as against Rs. 12.27 crore announced in March 2022.

Dynacons Systems & Solutions About: Established in 1995, Dynacons Systems & Solutions Ltd is an IT company with its headquarters at Mumbai and branches all over India. Its service offerings include infrastructure managed services, break-fix services, managed print services, cloud computing, systems integration services and applications development and maintenance. The Company provides end-to-end technology and technology-related services to corporations across industry verticals, according to its LinkedIn page.

Disclaimer: The stock hit upper circuit in trade today. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.